Tacit Networks Raises $16.9 Million

Updated May 24, 2004 2:57 pm ET

Tacit Networks, South Plainfield, N.J., raised $16.9 million in a second round of funding. The round was led by JPMorgan Partners and included CTTV Investments LLC, Canaan Partners, RRE Ventures and SAS Investors. The company has raised $24.2 million to date. Tacit Networks (www.tacitnetworks.com) develops remote-office IT software.